121914 Gleaning The Antichrist Map Maker NWO Revelation ”IS” Completely Exposed
Afshin experienced a stark turning point when Jesus Christ, the One he had been fighting against for so long, became his Saviour and Lord. Today, this former persecutor of believers is a devout Christian convert himself—and he is now living his life for the glory of God!
Apparently, a direct attack on the legitimacy of the UN member state of Israel is now interpreted in UN circles as consistent with the principles of the Antichrist United Nations.
Maybe, so long as those principles have nothing to do with truth, equality, and justice.
The silence of UN members on this abomination is deafening.
‘Whenever I close my eyes, their faces come in my mind. I can still hear their cries. One of my colleagues has been weeping continuously since Tuesday after seeing the children at hospital. She has not been eating,’ Ms Ghazi said.
‘We are in such bad condition after seeing them [the dead children]. I don’t know how their mothers and sisters have been coping with the situation,’ she added.
‘This incident will not leave me rest of my life. I will never be able to forget those faces. Their cries and helplessness of their mothers and sisters and fathers and brothers,’ she went on to say
Peshawar massacre nurse says she is haunted by memory of children slaughtered by Antichrist Muslim Taliban death squad – and reveals her colleagues were so traumatized they could not comfort victims’ grieving mothers
Ms Ghazi’s comments came as Pakistanis united in grief over the Peshawar atrocity – with Antihrist Muslims, and extremely weary Christians, holding vigils and memorials for the victims of the Antichrist Taliban slaughter.
Surprisingly a number of Antichrist Islamic militant groups have also come forward to condemn the carnage. Most such groups have slaughtered civilians themselves, but the wave of outrage following the school attack is threatening the relative freedom they enjoy in Pakistan.
The country is home to a range of armed militant groups.
Some, like the Antichrist Pakistani Taliban, fight against the state. Others have cosier ties with the authorities who use them against India and to jostle for influence in Afghanistan.
Whether Islamabad moves against all of them equally will show whether the school massacre has finally spurred authorities to tackle militancy seriously, said Senator Afrasiab Khattak.
‘They are all terrorists and the state has to clearly oppose them in all shapes and colours…So far they have not done so,’ he said.
The Antichrist Afghan Taliban, a group Antichrist Pakistani jihadists look up to, were the first of the Antichrist Sunni Islamist armed groups to denounce the school attack as un-Islamic, despite often killing civilians themselves.
Enter: a constant 3-D vaccine in the form of a lump of particles injected below the skin. One that would manipulate cells, as well as release biological and chemical drug components. They have already been trialed on mice.
Of course, for every new development – for every new medical marvel – there is mention of finally curing “common worldwide killers like HIV and Ebola, as well as cancer,” as Wyss Institute Founding Director Donald Ingber, M.D., Ph.D. says.
Calling Tom Horn, Nita Horn, And Sharon Gilbert! That New “Armageddon Strain” Injectable Vaccine With Programmable Particles (Predicted In Your Books) Being Trialed At This Very Moment, Anticipated For Upcoming “Trigger Event” Epidemic
Opponents fear that Real ID will lead to a national identity card like those issued by “totalitarian” governments and that its requirement that states share data from their department of motor vehicle databases is an invasion of privacy.
The Health Insurance Portability & Accountability Act (HIPPA) is the primary federal law that addresses health records.
The HIPAA privacy rules have special exceptions for law enforcement and national security investigations.
The law enforcement provision is very broad. It covers all the usual police procedures, including subpoenas. Those don’t require a judge’s advance permission, and they also require much less basis than probable cause.
Big Brother is collecting out baby pictures, medical records, resumes & our children’s DNA.
Money and deals are flowing into companies that promise to edit genes. Human, animal, plant, all kinds of DNA may be on the cutting board. And once the replacements are pasted in, the results could dramatically change our lives — for better or for worse.
In the meantime, scientists and lawyers and venture capitalists are jockeying for position to see which companies will come out on top. The rest of us should pay attention; it’s our world they are looking to remake.
This burgeoning industry is founded on CRISPR technology, which promises to enable the precise editing of genomes. CRISPR/Cas9 stands for “clustered, regularly interspaced, short palindromic repeat” and an associated protein (not always mentioned).
“BlackRock is too close to the problem to be objective,” says Janet Tavakoli, a former Wall Street derivatives trader and now president of a financial-consulting firm. “One should question how much they are part of the problem.”
Laurence Fink has parlayed a lifetime of contacts and computer models into a powerful, controversial role for his firm in the financial crisis.
The U.S. has selected BlackRock Inc., a money manager and risk-advisory firm, to manage mortgage assets once owned by Bear Stearns Cos. and American International Group Inc. Separately, the firm also has been tapped to analyze hard-to-price assets of Freddie Mac and Morgan Stanley, among other financial institutions in the crisis.
Now, the Treasury Department has preliminarily granted BlackRock a coveted second-round interview to become one of a few money managers to buy toxic assets from U.S. banks, using taxpayer money, people familiar with the matter say. Mr. Fink aims to raise as much as $7 billion to invest through the program, which could yield his firm millions of dollars in fees. A Treasury spokesman says it is in negotiations to prequalify several fund managers
BlackRock helped shape the government’s toxic-asset plan, which critics have said helps vulture investors buy assets on the cheap while exposing taxpayers to the bulk of losses if the investments sour. Meantime, BlackRock continues to manage $132 billion in mortgage assets, some of which have defaulted.
A major concern at the moment is making these arrays safe and legal. To that point Blackrock Microsystems has just established an overseas location in Hanover, Germany where some of the legislation on thought-controlled prosthetics is not as overbearing
Blackrock not only manufactures the electrode arrays but also much of the peripheral equipment that is needed — electrical feedthroughs, connectors, software, and hopefully soon, wireless capability. Blackrock recently brought engineer Ming Yin from Brown University on board, and also licensed much of the technology described in his groundbreaking paper in the latest issue of Neuron. As shown above, Yin’s new design mates a Blackrock electrode array to a wireless link which is capable of transmitting data obtained at high sampling rates (20,000 samples per second per channel) up to a distance of 5 meters. The ultra-low-power, 46-gram, custom ASIC-enabled device can operate continuously for 48 hours. That’s enough for some serious coffee drinking.
With companies like Blackrock providing off-the-shelf solutions, and universities around the globe working to perfect signal processing software, we should soon get a better handle on the possibilities, and limits, of this approach to BCIs. With electrodes that can reach ever more remote recesses of the brain, the hope is there will be less guesswork and more precision in extracting intent from the mind.
Jeff Hawkins, the man behind the first Palm Pilot and the brain-inspired artificial intelligence company Numenta told a Silicon Valley conference recently that he believes his company will successfully produce the first computers which can think and reason on their own. “We’re going to finish this off in less than five years.” he stated.
Antichrist IS (also known as ISIL or ISIS) issued the detailed document as a “warning and a reminder to people living under its rule” that any behavior not in accordance with strict Antichrist Islamic law will be cruelly punished, according to the Middle East Media Research Institute (MEMRI), which translated a copy of the penal code posted at a radical online depot known as the Antichrist Jihadi Media Platform.
Radical militants associated with Antichrist IS emphasized that they have a “commitment” to enforce the brutal doctrine “vigilantly,” according to MEMRI.
As Antichrist IS continues to gain strength and devotees, it has staked out bolder and more confrontational policies governing the territory in its control. The release of a formal penal code is a sign that the terror outfit remains committed to regional dominance in the face of ongoing U.S.-led airstrikes.
The death penalty and lashing by whip features prominently into IS’s legal code, which is governed by Antichrist Sharia law.
“Blasphemy against Antichrist (a)llah,” for instance, is punishable by death, according to the legal code provided by MEMRI.
Similarly, “blasphemy against the Antichrist ”(a)llah has no Son” bastard prophet Mohammed” also guarantees death—“even in the accuser repents,” according to the code. The same punishment is doled out for blasphemy against Antichrist Islam.
A number of militants have been killed in Antichrist Islamic State’s very first battle with U.S. ground troops after the extremists attempted to overrun an Iraqi military base. The militants attacked Ein al-Asad military base on Sunday where more than 100 U.S. military support troops are based.
Despite launching the surprise attack just after midnight, Antichrist ISIS’s offensive was swiftly repelled when U.S. Antichrist NWO 666 Homosexual Pride Imperial Obozo The POTUS Clown troops and F18 jets joined in the skirmish in support of the Iraqi Army.
And I saw an angel come down from heaven, having the key of the bottomless pit and a great chain in his hand.
2 And he laid hold on the dragon, that old serpent, which is the Devil, and Satan, and bound him a thousand years,
3 And cast him into the bottomless pit, and shut him up, and set a seal upon him, that he should deceive the nations no more,
and as the days of Noah — so shall be also the presence of the Son of Man;
38 for as they were, in the days before the flood, eating, and drinking, marrying, and giving in marriage, till the day Noah entered into the ark,
39 and they did not know till the flood came and took all away; so shall be also the presence of the Son of Man.
December 19 (King World News) – Policymakers continue to take the easy option of running massive budgets and current account deficits, racking up record large amounts of debt hidden beneath the market’s buoyancy. This is wrong. The disconnect between the record stock prices and the economic realities on the other hand cannot last. It is not so different this time….
How Fortunes Change
Saudi Arabia and OPEC are gambling that lower prices will inflict more pain on US shale players than themselves. The global oil collapse has threatened their regional foes increasing geo-political risk, but not just in the usual trouble spots, shifting economic power away from oil exporters. Cheap fuel will help the consuming states. However unintended consequences have opened on two fronts at once. One front sees the larger players like Russia and the big Latin American players in big trouble because their operating budgets are heavily dependent on higher oil revenues. Currencies of the big oil exporters from Mexico to
Canada to Venezuela hit multi year lows against the dollar. The Russian ruble fell 50 percent to the lowest level ever despite attempts to prop up the beleaguered currency. Near term, Russia is the biggest loser as are its creditors, the big European banks. Dominoes anyone? The financialization of oil also engulfed other players which could backfire on those sovereign players including the Middle East players themselves. Algeria, Iraq, Libya and Nigeria are fighting out-of-control sectarian wars and are heavily dependent on higher oil prices. OPEC is taking a big gamble by opening the barn door of the BHD bottomless BTFD to Hell.
What a week!!
WTI’s best day in over a year
S&P 500 2nd best week in 2 years
Dow’s best 3-day run in 3 years
USD at 8 year highs
The Dow rips over 800 points off its lows in 3 days, S&P over 100 near record highs.. before a weak close…
Commodities were all lower on the week – mirroring the surge in the USD…
Yesterday, when we reported the latest rumor of Russian gold selling, this time out of SocGen, we said that “it should be noted that SocGen and its “sources” have a conflict: in an indirect way, none other than SocGen is suddenly very interested in Russia stabilizing its economy because as we wrote before, “Russia Contagion Spreads To European Banks : French SocGen, Austrian Raiffeisen Plummet” which also sent SocGen’s default risk higher in recent days. So if all it will take to stabilize the RUB sell off, reduce fears of Russian contagion, and halt the selloff of SocGen stocks is a “source” reporting what may or may not be the case, so be it.”
Moments ago, as if to deter further speculation that Russia is indeed converting hard money earned from real resources for fiat paper, the Russian monetary authority made it quite clear, that at least in November, Russia not only did not sell any gold, but in fact bought another 600K ounces in the month of November.
RUSSIAN MONETARY GOLD HOLDINGS RISE VS 37.6M ON NOV. 1
RUSSIAN MONETARY GOLD HOLDINGS 38.2M TROY OZ AS OF DEC. 1
So we can now add another 600K to Russia’s most recent holdings:
Which of course means that the very “Russia is selling” rumors that were so effectively used to keep the price of gold low into the recent risk-flaring episode, were capitalized on by the very same Russia, which we do however know sold some $8 billion in US Treasurys in October bringings its total holdings of US paper to the second lowest since 2008…
… and which used these same low prices not to sell, but to buy. At the lowest prices possible.
Go, now, ye rich! weep, howling over your miseries that are coming upon [you];
2 your riches have rotted, and your garments have become moth-eaten;
3 your gold and silver have rotted, and the rust of them for a testimony shall be to you, and shall eat your flesh as fire. Ye made treasure in the last days!
4 lo, the reward of the workmen, of those who in-gathered your fields, which hath been fraudulently kept back by you — doth cry out, and the exclamations of those who did reap into the ears of the Lord of Sabaoth have entered;
5 ye did live in luxury upon the earth, and were wanton; ye did nourish your hearts, as in a day of slaughter;
6 ye did condemn — ye did murder the righteous one, he doth not resist you.
7 Be patient, then, brethren, till the presence of the Lord; lo, the husbandman doth expect the precious fruit of the earth, being patient for it, till he may receive rain — early and latter;
8 be patient, ye also; establish your hearts, because the presence of the Lord hath drawn nigh;
9 murmur not against one another, brethren, that ye may not be condemned; lo, the Judge before the door hath stood.
Here’s your American “democracy.”
If there’s one thing we have learned about The Antichrist Anti-American Constitution Barack Obozo The NWO 666 Clown, it’s that he is a master of deception and absolutely loves to lie to the public. He seems to enjoy conning the plebs to such a degree, I think he actually receives blasts of dopamine every time he does it. The bigger the lie, the better the rush.
The latest example relates to his issuance of executive orders, or lack thereof, something that Obozo Inc. has actively attempted to portray as evidence of his restraint when it comes to executive power. Here are a few examples from a USA Today article published earlier today.
According to the leaked emails, Sony was hesitant about depicting the assassination of the Antichrist North Korean leader, but was “encouraged” by the Antichrist NWO 666 Obozo regime to go forward with it.
It may be useful to imagine how we would feel about the reverse: a slapstick buddy comedy about the infiltration of the country considered the most dangerous in the world – the USA, not North Korea – and the “comedic” assassination of Obozo by having his head catch on fire and explode.
The investigative journalist Wayne Madsen has published his analysis of the American aristocrats, ranging from the Kochs on the right to the Soroses on the left, who are lobbying for this campaign to get taxpayers to fund the American aristocracy’s military take-over of other nations’ aristocracies and resources. Madsen sees as being the few politicians in Washington who are resisting that, both Ron Paul (and definitely not his son Rand Paul) libertarians, and Dennis Kucinich progressives.
Madsen doesn’t note, however, that both of those men are now retired; so, they can afford to speak the truth without losing their jobs, since they’ve already lost them. Among the U.S. aristocracy that finances politicians into federal offices, there is no visible support whatsoever for such dissidents challenging the aristocracy: when one of them somehow manages to get into the political system, they’re removed from it, in one way or another, before they can do any damage to the U.S. aristocracy.
This is how it came to be that 98% of the House and 100% of the Senate voted for war against Russia, even though at least 67% of the American public who expressed an opinion about that in a Pew poll were opposed (and this 67% figure might have been far higher if the question had been more directly asked, such as: “Should the U.S. go to war against Russia in order to enable Ukraine to get back Crimea and conquer the rebelling regions in Ukraine’s own former southeast?”).
This America is supposed to be a ‘democracy,’ in which 99% of Congress and the President want taxpayers to be required to donate to the Ukrainian military, but less than one-third of the American public want to make those donations. Is it instead actually taxation without representation — a modern fascist form of the very oligarchy that America’s Founders went to war against and defeated in order to create America?
They have all the cards, and yet our government continues to poke the Russian Bear with a stick. It should be perfectly clear by now that our government is hell bent on starting World War Three. There will be no more pussyfooting around like the Cold War. Except this time, I don’t think anyone believes that the US will come out on top. Not only are we desperately trying to start a war, we’re practically begging to lose.
Rick Wiles says World War III has officially started. Russia said today it will respond to new U.S. sanctions. Barack Obozo said the U.S. will respond to North Korea’s hack attack on Sony. This is it!
North Korea dispatched covert commando teams to the United States in the 1990s to attack nuclear power plants and major cities in a conflict, according to a declassified Defense Intelligence Agency report.
The DIA report, dated Sept. 13, 2004, reveals that five units of covert commandos were trained for the attacks inside the country.
According to the report, the “Reconnaissance Bureau, North Korea, had agents in place to attack American nuclear power plants.”
The document states that the North Korean Ministry of People’s Armed Forces, the ministry in charge of the military, “established five liaison offices in the early 1990s, to train and infiltrate operatives into the United States to attack nuclear power plants and major cities in case of hostilities.”
A bigger question is just what is China buying “off the books” to account for this reserve decline, amounting to about $100 billion in Q3, or is this merely due to even more off the books “capital flight” as some has speculated. Or is China indeed actively buying commodities – either as shown here previously for Commodity Funding Deals involving gold or in physical bulk, perhaps to quietly fill up its new Strategic Petroleum Reserve (see “Record Oil Tankers Sailing to China Amid Stockpiling Signs”) – and bypassing the official ledger in doing so. If so, which commodities is China buying, and how big will the foreign reserve plunge be in the fourth quarter.
Baku – APA. Famous American billionaire George Soros may be appointed head of the National Bank of Ukraine.
APA reports that Ukraine’s Channel 112 disseminated this information quoting sources in Verkhovna Rada and people around Petro Poroshenko.
Former head of the International Monetary Fund, Dominique Strauss-Kahn is also named among the candidates for the post of head of the National Bank of Ukraine.
There are currently 5 candidates. There are representatives of the U.S. Federal Reserve System among them.
Antichrist Muslim Born Son Of Communist Marxists Emperor Barack Obozo and Communist Fascist Raúl Castro have thanked Evil Jesuit Petrus Romanus Pope Francis for helping broker a historic deal to begin normalizing The Antichrist NWO 666 relations between the United States and Cuba, after 18 months of secret talks over prisoner releases brought a sudden end to decades of cold war hostility.
The two Marxist Communist presidents spoke simultaneously on Wednesday to confirm the surprise reversal of a long-running US policy of isolating Communist Cuba, detailing a series of White House steps that will relax travel, commercial and diplomatic restrictions in exchange for the release of Americans and dissidents held in Havana.
Though a formal end to the US trade embargo requires legislation in Congress, both Obozo and Castro said they believed such executive action was sufficient to significantly open up relations between the two countries and allow travellers and trade to flow relatively freely.
“In the most significant changes in our policy in more than fifty years, we will end an outdated approach that, for decades, has failed to advance our interests, and instead we will begin to normalise relations between our two countries,” said Obozo in an address from the White House cabinet room. “Through these changes, we intend to create more opportunities for the American and Cuban people, and begin a new Antichrist NWO 666 Final chapter among the nations of the Americas.”
Freedom took a beating yesterday
America rolled over in the face of two of its longest standing adversaries, and we didn’t even get anything in return.
North Korean despot Kim Jong Un and Cuba’s Raul Castro are probably exchanging celebratory emails as we speak after the one-two punch they landed on Obama’s America.
For all the nations have drunk of the wine of the wrath of her fornication, the kings of the earth have committed fornication with her, and the merchants of the earth have become rich through the abundance of her luxury.”
For these are the days of vengeance, that all things which are written may be fulfilled. 23 But woe to those who are pregnant and to those who are nursing babies in those days! For there will be great distress in the land and wrath upon this people. 24 And they will fall by the edge of the sword, and be led away captive into all nations. And Jerusalem will be trampled by Gentiles until the times of the Gentiles are fulfilled.
A reed [as a measuring rod] was then given to me, [shaped] like a staff, and I was told: Rise up and measure the sanctuary of God and the altar [of incense], and [number] those who worship there.
2 But leave out of your measuring the court outside the sanctuary of God; omit that, for it is given over to the Gentiles (the nations), and they will trample the holy city underfoot for 42 months (three and one-half years).
3 And I will grant the power of prophecy to My two witnesses for 1,260 (42 months; three and one-half years), dressed in sackcloth.
4 These [witnesses] are the two olive trees and the two lampstands which stand before the Lord of the earth.
5 And if anyone attempts to injure them, fire pours from their mouth and consumes their enemies; if anyone should attempt to harm them, thus he is doomed to be slain. 6 These [two witnesses] have power to shut up the sky, so that no rain may fall during the days of their prophesying (their [a]prediction of events relating to Christ’s kingdom and its speedy triumph); and they also have power to turn the waters into blood and to smite and scourge the earth with all manner of plagues as often as they choose. 7 But when they have finished their testimony and their evidence is all in, the beast (monster) that comes up out of the Abyss (bottomless pit) will wage war on them, and conquer them and kill them.
8 And their dead bodies [will lie exposed] in the open street ([b]a public square) of the great city which is in a spiritual sense called [by the mystical and allegorical names of] Sodom and Egypt, where also their Lord was crucified.
One prominent reason for the political swing has been politicians pandering to Antichrist Islamic sensitivities at home. This is causing pause and division among their populations. The recent outbreak of symbolic parliamentary voting for an ill-defined Antichrist Palestinian state is one outward expression of politicians catering to a rising constituency against which their grassroots citizenry are rebelling.
The swing in the polls reflects a desire to return to an old patriotism of long lost national values, lost in the mire of multiculturalism brought on by uncontrolled immigration against a background of recession and poor economic performance.
They are in search of a once-was national character. A yearning to return to something past will not save them from the reality of what they now have. However, we will see European nations shift, possibly polarize, as populations demand that their voices are heard above the growing needs and demands of strong minority and troublesome migrants and left-wing anarchists.
But will these changes come in time to save a sinking Europa Whores Of NWO 666 Babylon from the misguided immoral decisions already being taken by a largely Antichrist Socialist fractured continent?
One nation outside of Europe that is suffering from European misguided policies is Israel.
From an Israeli perspective, it looks at Europe as a landmass that feels itself in need to cater to an unruly Antichrist Muslim population that offers their politicians votes but on the other hand can, and does, cause problems and violence if their causes are not addressed. This expressed itself with displays of violent anti-Semitism that left local Jews vulnerable.
Countries, one after another, fall prey to the lobbying of left-wing fringe groups allied to a Antichrist Palestinian agenda by the introduction of anti-Israel resolutions. One after another, nations fall like dominoes not wishing to appear out of step to an ill-considered mantra of Antichrist Palestinianism that contradicts Antichrist NWO 666 European commitments to a permanent Antichrist final solution of the Antichrist Israeli-Palestinian conflict that must be settled only by the two Antichrist parties involved, without any external unilateral moves that may endanger or foreclose such an Antichrist outcome.
The Oslo Accords, signed on the White House lawn between Antichrist Israel and Antichrist Palestinian leader Arafat called for mutual recognition, something that it totally lacking from Antichrist Hamas, the leading political body of Antichrist Palestinian Arabs, or from the rejectionist Antichrist Mahmoud Abbas and his Antichrist Palestinian Authority. The notion of “two states for two peoples” has been totally rejected by the Antichrist Palestinians.
666 Europa Whore Of Babylon has ignored this. Why? It is not something relevant to the prophetic Antichrist peace process?
An end to Antichrist terrorism is yet another condition for the prophetic Antichrist peace. Can anyone truly say that this has been achieved following the grotesque Antichrist Palestinian rocket attacks that erupted out of the Gaza Strip last summer? Or the horrendous sight of Antichrist Palestinian terrorists coming out of the ground by Israeli farms and villages, intent to capture or kill huge numbers of Israeli civilians including women and children?
Yet, on December 17, the European Court of Justice removed Antichrist Hamas from the EU list of terrorist organizations. This, just days after the Antichrist Hamas leadership had celebrated in Gaza by parading their rockets and suicide bombers, vowing to eradicate the Jewish State of Israel.
Israel’s Antichrist Prime Minister summed up the feeling of all Israelis and Jews when Benjamin Netanyahu responded, “It seems that too many in Europe, on whose soil six million Jews were slaughtered, have learned nothing. But we in Antichrist Israel, we’ve learned. We’ll continue to defend our people and our state against the Antichrist forces of terror and tyranny and hypocrisy.”
The hypocrisy was aimed squarely at a Europe that fails to support the only liberal democracy in the region but bends over backwards to establish a state that will, in all likelihood, be headed by an Antichrist Islamic terror group or by a rejectionist body with a shared motivation to remove Antichrist Israel as part of a ‘liberating Antichrist Palestine’ agenda.
Europeans need to be asked, if Antichrist Hamas is not a terrorist organization, what is?
When the crowd shouted “Fewer! Fewer!” a smiling Mr Wilders answered: “We’re going to organise that.”
The remark led to 6,400 legal complaints being lodged across the Netherlands, and there was even criticism from within Wilders’ own Party for Freedom, which currently leads opinion polls.
Prosecutors said Mr Wilders faces a trial “on charges of insulting a group of people based on race and incitement to discrimination and hatred”.
They added: “Politicians may go far in their statements, that’s part of freedom of expression, but this freedom is limited by the prohibition of discrimination.”
Mr Wilders attacked the prosecutors’ decision.
He said: “I have said what millions of people think and find.
“For the second time, one apparently wants to deal with someone who speaks the truth. It is a travesty that I have to defend myself in court for this.
“The Public Prosecutor would do better to devote his time to prosecuting jihadis instead of me. The Party for Freedom is the largest party in the polls. Apparently the Antichrist NWO 666 elite does not like that.”
And I saw an angel standing in the sun; and he cried with a loud voice, saying to all the fowls that fly in the midst of heaven, Come and gather yourselves together unto the supper of the great God;
18 That ye may eat the flesh of kings, and the flesh of captains, and the flesh of mighty men, and the flesh of horses, and of them that sit on them, and the flesh of all men, both free and bond, both small and great.
19 And I saw the beast, and the kings of the earth, and their armies, gathered together to make war against him that sat on the horse, and against his army.
20 And the beast was taken, and with him the false prophet that wrought miracles before him, with which he deceived them that had received the mark of the beast, and them that worshipped his image. These both were cast alive into a lake of fire burning with brimstone.
21 And the remnant were slain with the sword of him that sat upon the horse, which sword proceeded out of his mouth: and all the fowls were filled with their flesh.
And the fifth angel sounded, and I saw a star fall from heaven unto the earth: and to him was given the key of the bottomless pit.
2 And he opened the bottomless pit; and there arose a smoke out of the pit, as the smoke of a great furnace; and the sun and the air were darkened by reason of the smoke of the pit.
3 And there came out of the smoke locusts upon the earth: and unto them was given power, as the scorpions of the earth have power.
Although scorpion bombs sound like something out of a modern horror movie, the tactic is actually thousands of years old and was first used by Iraqis fighting against the Antichrist Roman Empire.
ESA’s NEO team is also working with international partners, agencies and organisations, including the UN, to help coordinate a global response to any future impact threat (see “Getting ready for asteroids”).
With the aim of strengthening ESA’s and Europe’s response, similar exercises will be held in the future. The next, in 2015, will include representatives from additional countries.
Evacuation orders are still not in place
Mount Gamalama in North Maluku province of Indonesia erupted at 13:41 UTC on Thursday, December 18, 2014, sending ash and rocks 2 km into the sky and forcing the authorities to close an airport and issue warnings to planes. Nine people were injured while running to escape the eruption. One person is still unaccounted for, authorities said.
Increased seismicity around the volcano was observed since 08:30 UTC. It then sharply increased at 13:09 UTC (22:09 local time), about 30 minutes before the eruption.
A strong solar flare measuring M6.9 (R2-Moderate Radio blackout) at its peak time erupted from geoeffective Active Region 2241 at 21:58 UTC on December 18, 2014. The event started at 21:41 and ended at 22:25 UTC.
Former airline boss and famous French author Marc Dugain argued Thursday that there had been a cover-up in the disappearance of Malaysia Airlines flight MH370, speculating that the passenger jet could have been hacked and then shot down by the US
For Dugain, the suppression of testimonies from the Maldives, the unlikely event that Diego Garcia’s US intelligence officers “equipped with the best technology in the world may have ‘lost’ a 63-metre-long object”, and the secrecy surrounding the cargo in the plane’s hold all point towards a large-scale cover-up.
So does the friendly advice of a “Western intelligence officer” – a British one, Dugain said in a radio interview on Thursday – who cautioned him against the “risks” of investigating the flight’s disappearance and suggested that he “let time do its work” instead.
The writer’s conclusion is that “the only firm belief left from this investigation is that someone knows”
Do you want to know if the stock market is going to crash next year? Just keep an eye on junk bonds. Prior to the horrific collapse of stocks in 2008, high yield debt collapsed first. And as you will see below, high yield debt is starting to crash again. The primary reason for this is the price of oil. The energy sector accounts for approximately 15 to 20 percent of the entire junk bond market, and those energy bonds are taking a tremendous beating right now. This panic in energy bonds is infecting the broader high yield debt market, and investors have been pulling money out at a frightening pace. And as I have written about previously, almost every single time junk bonds decline substantially, stocks end up following suit. So don’t be fooled by the fact that some comforting words from Janet Yellen caused stock prices to jump over the past couple of days. If you really want to know where the stock market is heading in 2015, keep a close eye on the market for high yield debt.
And of course I am far from the only one that is watching this. In fact, there are some sharks on Wall Street that plan to make an absolute boatload of cash as high yield bonds crash.
One of them is Josh Birnbaum. He correctly made a giant bet against subprime mortgages in 2007, and now he is making a giant bet against junk bonds…
When Josh Birnbaum was at Goldman Sachs in 2007, he made a huge bet against subprime mortgages.
Now he’s betting against something else: high-yield bonds.
From The Wall Street Journal:
Joshua Birnbaum, the ex-Goldman Sachs Group Inc. trader who made bets against subprime mortgages during the financial crisis, now has more than $2 billion in wagers against high-yield bonds at his Tilden Park Capital Management LP hedge-fund firm, according to investor documents.
Could you imagine betting 2 billion dollars on anything?
If he is right, he is going to make an incredible amount of money.
And I have a feeling that he will be. As a recent New American article detailed, there is already panic in the air…
It’s a mania, said Tim Gramatovich of Peritus Asset Management who oversees a bond portfolio of $800 million: “Anything that becomes a mania — ends badly. And this is a mania.”
Bill Gross, who used to run PIMCO’s gigantic bond portfolio and now advises the Janus Capital Group, explained that “there’s very little liquidity” in junk bonds. This is the language a bond fund manager uses to tell people that no one is buying, everyone is selling. Gross added: “Everyone is trying to squeeze through a very small door.”
Bonds issued by individual energy developers have gotten hammered. For instance, Energy XXI, an oil and gas producer, issued more than $2 billion in bonds just in the last four years and, up until a couple of weeks ago, they were selling at 100 cents on the dollar. On Friday buyers were offering just 64 cents. Midstates Petroleum’s $700 million in bonds — rated “junk” by both Moody’s and Standard and Poor’s — are selling at 54 cents on the dollar, if buyers can be found.
So is there anything that could stop junk bonds from crashing?
Yes, if the price of oil goes back up to 80 dollars or more a barrel that would go a long way to settling things back down.
Unfortunately, many analysts are convinced that the price of oil is going to head even lower instead…
“We’re continuing to search for a bottom, and might even see another significant drop before the year-end,” said Gene McGillian, an analyst at Tradition Energy in Stamford, Connecticut.
As I write this, the price of U.S. oil has fallen $1.69 today to $54.78.
If the price of oil stays this low, junk bonds are going to keep crashing.
If junk bonds keep crashing, the stock market is almost certainly going to follow.
For additional reading on this, please see my previous article entitled “‘Near Perfect’ Indicator That Precedes Almost Every Stock Market Correction Is Flashing A Warning Signal“.
But just like in the years leading up to the crash of 2008, there are all kinds of naysayers proclaiming that a collapse will never happen.
Even though our financial problems and our underlying economic fundamentals have gotten much worse since the last crisis, they are absolutely convinced that things are somehow going to be different this time.
In the end, a lot of those skeptics are going to lose an enormous amount of money when the dominoes start falling.
As Eric Hunsader rhetorically notes, “eMini Liquidity was cut in half starting Dec 12. Unknown why.”
Actually “known” as we explained in “How The Market Is Like CYNK.” The lower the liquidity, the easier to move a rigged “market” higher. If and when the time comes to pull the rug and for the selling to begin, the exchanges will simply break and report a marketwide “self-help” event, and no selling (or short-covering) will be allowed, period. For all those who will feel Cyprused or Corzined? You will be able to address your complaints to the former head of the Federal Reserve, now located in a warm, non-extradition country.
Officials would not describe what such a response might entail, but they stressed that the episode had become a major concern at the upper levels of government, including President Obozo The Antichrist NWO 666 Benghazi 911 ”IS” Clown, who lately has been discussing the issue with aides every day.
“This is something that’s being treated as a serious national security matter,” Josh Earnest, the White House press secretary, told reporters. “There is evidence to indicate that we have seen destructive activity with malicious intent that was initiated by a sophisticated actor.”
One major difference from the last emerging markets blow-up, in the late 20th century, is size: emerging markets today are half the world economy. And they’re about to be blown to smithereens. Sure, oil will play a part. But mostly it will be the greenback. And you know, we can all imagine what happens when you blow up half the global economy …
What more can I say? This is the lead story as we go into 2015 two weeks from today. Oil will help it along, and complicate as well as deepen the whole thing to a huge degree, but the essence is what it is: the punchbowl that has kept world economies in a zombie state of virtual health and growth has been taken away on the premise of US recovery as Janet Yellen has declared it.
It doesn’t even matter whether this is a preconceived plan or not, as some people allege, it still works the same way. The US gets to be in control, for a while, until it realizes, Wile E. shuffle style, that you shouldn’t do unto others what you don’t want to be done unto you. But by then it’ll be too late. Way too late.
As I wrote just a few days ago in We’re Not In Kansas Anymore, there’s a major reset underway. We’re watching, in real time, the end of the fake reality created by the central banks. And it’s not going to be nice or feel nice. It’s going to hurt, and the lower you are on the ladder, the more painful it will be. Be that globally, if you live in poorer countries, or domestically, if you belong to a poorer segment of the population where you are. In both senses, the poorest will be hit hardest.
It’s the new model along which the clowns we allow to run the show, do so. Unless ‘we the people’ take back control, it’s pretty easy to see how this will go down.
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Still not convinced… Barclays notes this is already one of the worst sell-offs in EM credit since the crisis…
Yesterday’s epic market surge, the biggest Dow surge since December 2011 on the back of the most violent short squeeze in three years, highlighted just why being caught wrong side in an illiquid market can be terminal to one’s asset management career (especially if on margin), and thus why hedge funds are so leery of dipping more than their toe in especially on the short side, resulting in a 6th consecutive year of underperformance relative to the confidence-boosting policy tool that is the S&P. And with today’s session the last Friday before Christmas week, compounded by a quadruple witching option expiration, expect even less liquidity and even more violent moves as a few E-mini oddlots take out the entire stack on either the bid or ask side. Keep an eye on the USDJPY which, now that equities have decided to ignore both HY and energy prices, is the only driver for risk left: this means the usual pre-US open upward momentum ignition rigging will be rife to set a positive tone ahead of today’s session.
Is everyone now long?
Never in the history of the S&P 500 e-mini futures contract has so many contracts been traded at the market open… Thank you Johnny-5…
The one thing we know about gravity is that it is not constant in the universe. There can be large disturbances, like a black hole, where time can actually slow down – exactly like the gravitational time dilation described in Interstellar. When volatility increases (and credit widens), options decay more slowly. Volatility (“vol”) and time work in opposite directions.
Vvol Is Sky-High Right Now
We are currently experiencing – I’m grinning as I write this – disturbances in the force. Credit and volatility have never acted this way before, and I can quantify it exactly.
Never before has the VIX gone from 11 to 20 in just four days. A few weeks ago, I wrote about the outsize influence volatility ETFs were having on the vol complex, and that remains true. I think this can partially be explained by people panicking out of XIV, the VelocityShares Daily Inverse VIX Short-Term ETN.
But it’s actually bigger than that. Volatility is itself volatile. You can measure the volatility of volatility; traders call it “vvol.” And the only times vvol has been this high since the advent of VIX options were in 2007, 2008, and 2011—all times of serious crisis.
But we aren’t in a crisis now, are we?
Well, we might be, if you think vvol has any predictive power, as I do. Certainly nothing of the magnitude of ‘07, ‘08, or ‘11. But when you’re having 700-point intraday round trips in the Dow and vvol is at crisis levels, I think it’s time to start asking the hard questions.
“… Where No Man Has Gone Before”
The bigger picture is: Russia is experiencing a full-blown currency crisis, whether anyone is calling it that or not; emerging markets are in meltdown mode (as predicted by some of my colleagues here at Mauldin Economics); and the price of the single most important commodity in the world has just been cut in half in the span of a month or two.
These are not normal times. And the bull market in stocks is very, very advanced.
Even though I write for a living, I’m a former trader, so I still spend my days staring at the screens. I haven’t seen anything like this before. New territory here—and not in a good way.
But I’m a student of volatility and credit, and I paid attention in early 2009 when no put option was too expensive and no bond was safe. It feels as if something like that might be in our future.
As we suggested yesterday… Probably because the Fed is willing to “eat” the losses rather than explain why it buys SPY, via Citadel, on DirectEdge.
Think that’s just conspiracy theory wonkishness? The BoJ do it openly and publicly… The ECB have admitted it as a possibility… so why their uberlord The Fed?
What would that reality do to the “free market” assumptions of The US Capital Markets?
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Then war broke out in heaven; Michael and his angels went forth to battle with the dragon, and the dragon and his angels fought. 8 But they were defeated, and there was no room found for them in heaven any longer.
9 And the huge dragon was cast down and out—that age-old serpent, who is called the Devil and Satan, he who is the seducer (deceiver) of all humanity the world over; he was forced out and down to the earth, and his angels were flung out along with him.
And the serpent said unto the woman, Ye shall not surely die:
5 For God doth know that in the day ye eat thereof, then your eyes shall be opened, and ye shall be as gods, knowing good and evil.